Risk Pricing Consultant

Job Description

Risk Pricing Consultant

• Join a people-focused, mutual organisation committed to fair and accurate pricing
• A rare opportunity to combine hands-on technical pricing work with people management, developing risk pricing models whilst leading and supporting a small team
• Work from home 80% of the time, with the remaining 20% spent in Stratford-upon-Avon, where you can enjoy our welcoming and modern office setting

About the role

Working in Pricing at NFU Mutual feels genuinely different. With a clear focus on customers rather than shareholders, the team’s work has real impact - supporting local communities, protecting livelihoods, and helping our UK wide Agency Network deliver exceptional service. Our Pricing team is central to how we support our customers, and its role is becoming even more crucial. The team is now at the heart of one of NFU Mutual’s most significant transformation programmes, shaping how pricing will operate in the future to ensure fair, insight driven outcomes.

To deliver this transformation, the team is expanding and creating exciting opportunities to join at a pivotal moment. This is a rare chance to influence a high profile, business wide initiative where your work will be visible, valued and acted on. By working closely with colleagues across the business, you’ll play an important role in shaping NFU Mutual’s future. Beyond the transformation, you’ll join a Pricing team committed to continuous improvement, offering ongoing opportunities to grow, add value and make a real difference. If you want to drive meaningful transformation while developing your own career, now is the ideal time to join us.

As a Risk Pricing Consultant, you’ll play a key role in developing and delivering an independent risk price across a defined product range, ensuring accurate risk cost, strong premium performance and clear insight into the drivers of cost inflation. Working closely with colleagues across the Pricing community, Claims, IT and Modelling, you will design and implement effective rating logic, build and refine risk pricing models, and support governance processes to maintain the highest levels of model quality and integrity.

You’ll also contribute to shaping product, underwriting and pricing decisions by providing robust technical input, monitoring regulatory and market forces, and helping to drive continuous improvement.

This role offers the opportunity to operate at the heart of our pricing strategy, with visibility across senior stakeholders, involvement in innovative projects and the chance to make a meaningful impact in a collaborative and supportive environment.

About you

You’re an experienced pricing professional with the ability to translate complex analysis into clear insights and recommendations. You communicate confidently with a range of stakeholders, building strong relationships and positively influencing thinking.

You’re comfortable challenging assumptions, simplifying complexity for others and adapting quickly in an evolving environment. You prioritise effectively, manage your time well and bring a proactive, solutions focused mindset.

As a people centred leader with proven experience in managing and developing others, you foster growth and collaboration while consistently delivering work with precision and strong technical rigour.

You will also be able to demonstrate the following:
• Significant experience in a general insurance pricing function with direct responsibility for pricing outputs
• Proficiency with pricing software (Emblem, Radar, R or similar)
• Extensive experience building and using risk pricing models and setting technical rates
• Strong data and trend analysis capability
• Prior experience in personal or commercial property lines and/or direct online channels would be desirable.

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Benefits and Rewards

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary of up to £72,000 pa depending on skill set and experience


• Annual bonus (up to 17.5% of salary)


• Contributory pension scheme, up to 20%, including your 8% contribution


• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme


• A Family Friendly policy that helps you balance your work and family responsibilities


• Access to savings at High Street brands, travel and supermarkets


• £20 contribution to a monthly gym membership – subject to T&Cs


• Health and wellbeing plan - cashback for dentist, opticians, physio and more


• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance


• Employee Volunteering - volunteer in the community for one day each year


• Unlimited access to Refer a Friend £500 bonus scheme


• Life Assurance cover of 4 x salary


• Employee discounts of 15% on a range of NFU Mutual insurance policies.


• Salary sacrifice employee car scheme - subject to eligibility

Working at NFU Mutual

We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us.

We pride ourselves on being “a great place to work” and our Gallup Exceptional Workplace 2025 award was not only awarded with Distinction but also named us as the first UK-based company to receive a Gallup Exceptional Workplace for ten years in a row. We are also the only Insurer to feature in the LinkedIn Top 15 Companies 2025 list of ‘Best midsize employers to grow your career in the UK’, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023, 2024 and 2025.

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.